Building a modern industrial ecosystem

Many outstanding results

According to the Department of Industry and Trade, implementing Action Program No. 13-CTr/TU on the development of industrial parks and industrial clusters for the period 2021-2025, the industry and trade sector has achieved many outstanding results, contributing to affirming its position as one of the localities with rapid progress in industrialization in the Mekong Delta region.

The province's industrial parks and economic zones have attracted 219 secondary investment projects, including 86 FDI projects. In photo: Binh Minh Industrial Park.

According to the provincial planning for the period 2021-2030, with a vision to 2050, the province is determined to have an economic zone of about 39,020 hectares (among the 8 key coastal economic zones in the country), along with 17 industrial parks with more than 3,515 hectares. Of which, 6 industrial parks have been put into stable operation, becoming the nucleus to attract investment and create jobs for local workers.

By the end of 2024, the province's industrial parks and economic zones will attract 219 secondary investment projects, with a total registered capital of VND84,761 billion and USD4,043 million, including 86 FDI projects. The budget contribution in 2024 alone will reach over VND4,561 billion, export turnover will exceed USD2.02 billion, and jobs will be created for more than 104,000 workers.

This figure clearly shows the driving role of the industrial sector in the economic growth and social security of the province.
The province has also planned to develop 31 industrial parks with an area of 1,655 hectares. To date, 9 industrial parks have been established, of which 4 have been put into operation, 3 are investing in infrastructure and 2 are waiting for investors. The industrial parks have attracted 23 secondary projects, with a total investment capital of about 3,000 billion VND, an occupancy rate of over 75%, creating jobs for more than 3,000 workers.

Mr. Tran Quoc Tuan - Director of the Department of Industry and Trade said that the province's industrial growth rate in the period of 2020-2025 reached an average of 6.84%/year. The industrial structure is shifting positively towards increasing the proportion of processing, manufacturing, and high-tech industries, gradually reducing processing and preliminary processing industries.

In particular, the province focuses on developing renewable energy and new energy in line with the trend of green growth and sustainable development. “It can be affirmed that the industry not only contributes significantly to economic restructuring, job creation and budget revenue increase, but also opens up opportunities for strong breakthroughs in regional connectivity and international integration. Vinh Long also aims to become a green, sustainable and integrated industrial center of the entire Mekong Delta region,” Mr. Tuan emphasized.

Some difficulties to be resolved

In addition to positive results, the province is also facing many difficulties and obstacles that need to be resolved to ensure industrial development goals for the 2025-2030 period. In particular, the province's clean land fund for industrial development is not much, and compensation and site clearance work is still slow due to problems with land prices and resettlement.

Many industrial parks and industrial clusters do not have synchronous infrastructure and are not ready to receive secondary projects. This requires the province to develop a mechanism to create a concentrated clean land fund, have a reasonable resettlement plan, and at the same time encourage infrastructure investors to participate early and synchronously.

In addition, some industrial parks have not completed centralized wastewater treatment systems, affecting environmental licensing. Traffic infrastructure connecting industrial parks and industrial parks with national highways, ports, and logistics services is not synchronized, increasing costs for businesses. In addition, the lack of social services such as worker housing, vocational schools, health care , and commerce makes it difficult to retain workers.

According to Mr. Tran Quoc Tuan, currently, the time to process procedures for approving policies, allocating land, and appraising environmental impact assessment reports is still long and has many steps. There is no mechanism to shorten the time for large-scale, high-tech projects.

Therefore, it is urgent to promote administrative procedure reform, decentralization, shorten the time for processing documents, and study the "special one-stop" mechanism for strategic projects. In addition, it is necessary to prioritize investment capital in connecting infrastructure and environmental treatment infrastructure, and integrate policies on developing social housing and public services into the planning of industrial parks and industrial clusters.

Key solutions

“Currently, the province’s investment incentive policies are not much different from those of more advantageous localities. There are no separate mechanisms for key industries, clean industries or enterprises participating in the global supply chain. Therefore, the province needs to develop a competitive policy package, focusing on incentives on land, taxes, support for human resource training and have specific policies for leading enterprises and high-tech enterprises,” said Mr. Tran Quoc Tuan, adding that to overcome the challenges, the industry and trade sector has identified three key solutions.

That is, focus on reviewing and adjusting the planning of industrial parks and industrial clusters in line with local advantages, while accelerating investment in transport-logistics infrastructure, resettlement and worker housing. Advise on building a competitive incentive policy package, strongly reforming administrative procedures, shortening the licensing process, creating a transparent and favorable environment for businesses. At the same time, focus on training high-quality human resources, linking with actual needs, while prioritizing attracting green, low-emission industrial cluster projects, ensuring sustainable development.

Enterprises and investors highly appreciate the province's favorable and competitive investment environment.

Vinh Long is determined to build a modern, sustainable industrial ecosystem that attracts investors. This is also an important step for the province to affirm its position as a regional industrial center, while contributing to realizing the goal of green growth, deep international integration and long-term development.

According to Mr. Tran Quoc Tuan, if the difficulties in land, infrastructure, procedures and incentives are promptly resolved, it will create a large space for Vinh Long. This is not only an urgent requirement but also an opportunity for the province to break through and become an attractive and competitive industrial destination for investment in the Mekong Delta region in the coming period.

Article and photos: KHÁNH DUY

Source: https://baovinhlong.com.vn/kinh-te/202510/xay-dung-he-sinh-thai-cong-nghiep-hien-dai-71d003f/